Murmanskaya gets new assignment

Exxon Neftegas Ltd. has terminated its contract with Beta Drilling for deployment of Aban Offshore's Murmanskaya jackup for a two-well program offshore Russia, which was expected to commence in June 2008.
May 13, 2008

Offshore staff

CHENNAI, India -- Exxon Neftegas Ltd. has terminated its contract with Beta Drilling for deployment of Aban Offshore's Murmanskaya jackup for a two-well program offshore Russia, which was expected to commence in June 2008.

Aban says it has since received a letter of intent for a one-well contract with Husky Oil China Ltd. forMurmanskaya for a period of about 50 days. The estimated revenues from the contract are $10.53 million.

05/13/2008

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